petroleum news about ctp, page-18

I hear what you're saying Malman.
I hope for scenario 1 too but there is a risk that these market conditions may last for several more years hence my decision to only invest long in anything atm. Ie: Long as in a 5 to 10 yr outlook.

I've only got 2 stocks atm. CTP for its energy producing future.I'm not thinking of today's energy prices but the cheap shares with a large future ahead when the world becomes balanced again:) I also have a small amount of long shares in some Vanadium for its superior qualities of holding power in electric cars. I've been in & out of a copper company a couple of times too...out atm...but may jump back on board in 2009.

Some time ago I also thought about investing in EDE too for their hythane (mix of methane & hydrogen) technology but thankfully I didn't since they were low on cash & are now in suspension & selling assets. Hopefully they survive since they have some great ideas & technology.

Geothermal is also another interest but a fair way off production in Aus. We may see it in CTP in the future with spent or dry wells so I'm probably invested in it already from what JH has indicated:)

I also like JH's comments regarding plantations to offset future carbon taxes on CTP. There's plenty of water to come out of our CBM wells...we may as well use it to our advantage.

One good thing about the gloomy times is that the west is now buying cheap fuel whilst it appears to be working hard on more self sufficient energy needs for the future through new technologies. That's sure to help our economies in the future instead of pumping huge dollars to certain other countries who have become far richer than us capitalists:)

Another thought is that if everything goes electric (some time into the future) we will have to make lots more electricity...Gas will take over there long before solar, wind & geothermal imo.

I'll advise my young daughter to invest in geothermal...maybe:)